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Bush era "reconciliation tax cuts" are coming home to roost.

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peggygirl Donating Member (111 posts) Send PM | Profile | Ignore Mon Mar-01-10 08:00 AM
Original message
Bush era "reconciliation tax cuts" are coming home to roost.
Just ask the suffering states that have to close schools, fire teachers, lay off workers, and live with crumbling roads and bridges and a growing homeless population. You cannot run a government on the hot air of the GOP and the RW pundits who have worked hard to make people hate their own government. They have taught folks to especially hate their own government when it tries to help those in need...which is most of the citizens. The teabaggers and RW hate-mongers never see themselves as part of the group that needs services and help from the government until earthquakes, hurricanes, floods and unemployment hits them. The corporatists among the GOP and Dems convince people that government is all bad all the while not paying their fair share of taxes and living off the most lucrative of government assistance in the form of "susidies" and government-run healthcare.
People will never learn about this because those with the megaphone and newsprint and talk-show hosts will never tell them (except for maybe Maddow and Oberman and Rehm). They will forever remain ignorant tools, blinded by their own prejudices and hypocracy. Meanwhile...we continue to cut off our noses to bleed on our chests.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 08:04 AM
Response to Original message
1. "Shock & Awe, baby. Smirk." - xCommander AWOL & Republicon FAIL Cronies
Edited on Mon Mar-01-10 08:06 AM by SpiralHawk
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 08:07 AM
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2. "More tax cuts for rich republicons." - Rush DraftDodger Limbaugh (R)
Edited on Mon Mar-01-10 08:10 AM by SpiralHawk
"I am getting paid $40 million a year to say it, so I am going to say it loud: MORE TAX CUTS FOR RICH REPUBLICONS. Smirk."

- Rush DraftDodger Limbaugh (R - Republicon Thot Leader)
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 09:39 AM
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3. This , about says it all
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 10:04 AM
Response to Reply #3
4. in deed
in deed
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Igel Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 02:07 PM
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5. ?
And, no, that's not a glottal stop.

For the most part the budget from 2001-2009 increased even with tax cuts, so the tax cuts themselves had little immediate affect on states. Most states that tied their income tax structures to the federal income tax system cut those ties fairly quickly (I was in one of them at the time). Otherwise, the * tax cuts had no affect on state services. Now, the repubs may have cut state subsidies, but that's a different matter. (I'd note that pretty much everything in your list is mostly state-run.)

You'd have to go for the tonsils via the appendix on this one: Tax cuts --> (high) deficits --> greater economic weakness --> reduced state revenue.

Of course, there are a couple of recessions in there and we've all concluded deficits are good during recessions, so that leaves budget deficits during at least calendar years 2001 and 2008 out of the picture entirely. Or we can leave them in, but then we're dissing deficit spending during recessions even as we need it to defend our own.
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peggygirl Donating Member (111 posts) Send PM | Profile | Ignore Mon Mar-01-10 06:47 PM
Response to Reply #5
6. Well, if you ask the governors, they will tell you
federal funds and subsidies dried up. Last time I looked, susidies come from the federal revenue pot like all government spending.
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